Bribes remain rampant: TI
Despite facing a rampant graft problem that has seen Cambodians paying bribes far more often than their regional neighbors, they have growing faith in the government’s ability to fight it, a Transparency International survey has found. TI’s 2013 Global Corruption Barometer, which measures perceptions of corruption ...
http://www.phnompenhpost.com/national/bribes-remain-rampant-survey
FTU Requests Week Off for Workers to Join Rally
The Free Trade Union (FTU) requested that the Garment Manufacturers Association in Cambodia (GMAC) permit workers nationwide to take a weeklong holiday in order to participate in the opposition’s planned demonstrations, according to a letter sent by the FTU this week. Signed by union president Chea ...
Khy Sovuthy
http://www.cambodiadaily.com/elections/ftu-requests-week-off-for-workers-to%E2%80%88join-rally-42214/
Cambodia's micro-lenders see 44 pct lending growth last year
Cambodia’s 38 microfinance institutions reported a 44 percent increase in loan disbursements in 2013, according to a report of the National Bank of Cambodia (NBC), the regulator of banking and finance institutions in the country. The microfinance institutions had lent a total 1.17 billion U.S. dollars ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=199165
Koh Kong's first garment factory to launch next April
The first garment factory in Koh Kong province is slated to open in April of next year in what insiders say is a harbinger of manufacturing along the Thai border. Thai-owned KKN Apparel had signed a contract with the Koh Kong Special Economic Zone to launch ...
Floods and crisis sink rubber price
Rubber growers and exporters in Cambodia stalled exports as rubber prices continued a sharp decline that companies attributed to flooding in Thailand and economic turmoil in Europe. Heng Sreng, general director of Long Sreng International Co Ltd and owner of Boeung Keth Rubber Plantation in Kampong ...
Human Rights Watch slams government for poor rights record
With a focus on the NGO draft law and allegations of government interference in the Khmer Rouge tribunal, international rights group Human Rights Watch blasted Cambodia’s rights record in its annual report yesterday. The government was quick to hit back at the criticism, saying that HRW ...
Buyers going for gold
Consumer interest in gold has increased in Cambodia even with the price of gold at a record high. Gold is up more than $333 from the same time last year. The increase in gold prices is said to be a result of the 2008 financial ...
http://www.phnompenhpost.com/index.php/2011072050514/Business/buyers-going-for-gold.html
SBI, Royal to create $50m investment fund
Japanese financial group SBI Holdings Inc announced yesterday that it would launch a $50 million investment fund with The Royal Group to invest in local companies in a wide range of industries. In a statement, SBI Holdings also said that its securities company in Cambodia, SBI ...
Breeding centre for domestic elephants to be established
With domesticated elephants in Cambodia decreasing drastically, a domesticated elephant protection group in Siem Reap province will set up a breeding centre to restore their numbers. Oan Kiry of The Angkor Elephant Group Committee in Siem Reap city said his group had found a location ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/breeding-centre-domestic-elephants-be-established
Jobs or health: A Cambodian village's stark choice
In Roka commune, money is getting tight.After an HIV outbreak in 2014 saw 264 people infected in the small northwest Cambodian village, aid flowed in, showily. The prime minister’s wife delivered hundreds of kilos of rice, the health minister brought socks and sarongs, nongovernmental organizations ...
Abby Seiff
http://www.ucanews.com/news/jobs-or-health-a-cambodian-villages-stark-choice/74673
GTI growth from higher orders and lower costs
Taiwanese-owner garment manufacturer Grand Twins International (GTI), which posted a 44 percent surge in revenue and a massive 390 percent in net profit last year, attributed the surge to an increase in orders and the decrease of raw material costs, administration costs and total commissions, ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/gti-growth-higher-orders-and-lower-costs
Something’s fishy with prahok
This year’s prahok season has left a bad taste in the mouths of those involved in making the pungent dish that is a staple in Cambodian cuisine. There are concerns that the vagaries in the mudfish catch, due to climate change and illegal exports to Vietnam, ...
Chea Vannak
http://www.khmertimeskh.com/news/35332/something---s-fishy-with-prahok/
Locals call for an end to land dispute
About 175 families locked in a land dispute with sugarcane plantation companies in Koh Kong province have asked an inter-ministerial group and provincial authorities to speed up the resolution process and end the conflict. The inter-ministerial working group responded saying they would settle the land dispute ...
Pech Sotheary
http://www.khmertimeskh.com/50103497/locals-call-for-an-end-to-land-dispute/
Garment Factory Protesters Clash With Police
Hundreds of garment factory workers clashed with police at a factory in Phnom Penh yesterday during the latest strike in what is now a month-long campaign to have two union leaders rehired. The workers from Nex-T Apparel (Cambodia) Co. Ltd. in Dangkao district were striking in ...
Two More Families Drop Sugar Suit for Cash Payout
CPP Senator and business tycoon Ly Yong Phat has convinced to more families in Koh Kong province to take a cash payout in exchange for dropping out of a lawsuit involving two local sugarcane plantations he once co-owned, official said. More that 200 families in Sre ...
European FDI declines, China’s up
European companies contributed less to total foreign direct investment (FDI) in Cambodia in 2011 than in 2012 as Chinese investment rose, Eurocham chairman Dominique Catry said yesterday. According to data from the Council for Development of Cambodia (CDC), 1.9 per cent of the total registered FDIs ...
http://www.phnompenhpost.com/2013012360933/Business/european-fdi-declines-china-s-up.html
Siem Reap Theft Fears Rise
Fears of theft are on the rise among market vendors in a tourist district in Cambodia’s Siem Reap province, the gateway to the world-renowned Angkor archeological site. Vendors at a market in Puok district said they had lost a lot of money following a slew of ...
http://www.rfa.org/english/news/cambodia/siem-reap-01302013174007.html
Electronics factory to open
A US$37.9 million base plate factory will launch in June in the northwestern province of Banteay Meanchey, Japanese electronics manufacturer SC WADO Component Co said yesterday in a statement. The entry of SC WADO, a subsidiary of Nidec Electronics, was another step in Cambodia’s march away ...
http://www.phnompenhpost.com/index.php/2012053156501/Business/electronics-factory-to-open.html
Revenue from Post office and Telecommunication
Income from post office activity increased to 3.77 million US dollars in 2011 from 2.164 million in 2010 and that money is small in size but it showed that Cambodian people still need the post ways for sending their goods and other materials. At the same time, revenue from mobile phone companies and desk ...
Xiamen expected to set up sister city relationship with Cambodia's Kampot
Cambodia may set up a consulate in Xiamen in the near future, and the Cambodian port city of Kampot is expected to establish sister city relationship with Xiamen, reported Haixi Morning News on Wednesday. Cham Prasidh, Cambodian Minister of State and Minister of Trade and Commerce, ...